Spin Master Corp Stock Market Value

TOY Stock  CAD 34.10  0.19  0.56%   
Spin Master's market value is the price at which a share of Spin Master trades on a public exchange. It measures the collective expectations of Spin Master Corp investors about its performance. Spin Master is selling at 34.10 as of the 12th of December 2024; that is 0.56% increase since the beginning of the trading day. The stock's open price was 33.91.
With this module, you can estimate the performance of a buy and hold strategy of Spin Master Corp and determine expected loss or profit from investing in Spin Master over a given investment horizon. Check out Spin Master Correlation, Spin Master Volatility and Spin Master Alpha and Beta module to complement your research on Spin Master.
Symbol

Spin Master Corp Price To Book Ratio

Please note, there is a significant difference between Spin Master's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spin Master is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spin Master's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Spin Master 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Spin Master's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Spin Master.
0.00
12/18/2023
No Change 0.00  0.0 
In 11 months and 26 days
12/12/2024
0.00
If you would invest  0.00  in Spin Master on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding Spin Master Corp or generate 0.0% return on investment in Spin Master over 360 days. Spin Master is related to or competes with Kinaxis, Premium Brands, Gildan Activewear, and CCL Industries. Spin Master Corp., a childrens entertainment company, creates, designs, manufactures, and markets various toys, games, p... More

Spin Master Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Spin Master's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Spin Master Corp upside and downside potential and time the market with a certain degree of confidence.

Spin Master Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Spin Master's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Spin Master's standard deviation. In reality, there are many statistical measures that can use Spin Master historical prices to predict the future Spin Master's volatility.
Hype
Prediction
LowEstimatedHigh
32.0434.2536.46
Details
Intrinsic
Valuation
LowRealHigh
30.9533.1635.37
Details
Naive
Forecast
LowNextHigh
32.0434.2536.46
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.511.040.65
Details

Spin Master Corp Backtested Returns

Spin Master appears to be very steady, given 3 months investment horizon. Spin Master Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Spin Master Corp, which you can use to evaluate the volatility of the company. Please review Spin Master's Semi Deviation of 2.14, coefficient of variation of 994.95, and Risk Adjusted Performance of 0.0793 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Spin Master holds a performance score of 8. The entity has a beta of 0.0316, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Spin Master's returns are expected to increase less than the market. However, during the bear market, the loss of holding Spin Master is expected to be smaller as well. Please check Spin Master's sortino ratio, skewness, period momentum indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Spin Master's existing price patterns will revert.

Auto-correlation

    
  -0.44  

Modest reverse predictability

Spin Master Corp has modest reverse predictability. Overlapping area represents the amount of predictability between Spin Master time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Spin Master Corp price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Spin Master price fluctuation can be explain by its past prices.
Correlation Coefficient-0.44
Spearman Rank Test-0.54
Residual Average0.0
Price Variance2.51

Spin Master Corp lagged returns against current returns

Autocorrelation, which is Spin Master stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Spin Master's stock expected returns. We can calculate the autocorrelation of Spin Master returns to help us make a trade decision. For example, suppose you find that Spin Master has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Spin Master regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Spin Master stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Spin Master stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Spin Master stock over time.
   Current vs Lagged Prices   
       Timeline  

Spin Master Lagged Returns

When evaluating Spin Master's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Spin Master stock have on its future price. Spin Master autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Spin Master autocorrelation shows the relationship between Spin Master stock current value and its past values and can show if there is a momentum factor associated with investing in Spin Master Corp.
   Regressed Prices   
       Timeline  

Other Information on Investing in Spin Stock

Spin Master financial ratios help investors to determine whether Spin Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Spin with respect to the benefits of owning Spin Master security.